/2009. Almost all of the decline in exports was due to negative changes of exports in firms that continue to export (i.e. at the so …-called intensive margin) while the decrease of exports due to export stoppers (at the so-called extensive margin) was tiny. It is shown … that idiosyncratic shocks to very large firms played a decisive role in shaping the export collapse. -- Exports ; great …

/2009. Almost all of the decline in exports was due to negative changes of exports in firms that continue to export (i.e. at the so …-called intensive margin) while the decrease of exports due to export stoppers (at the so-called extensive margin) was tiny. It is shown … that idiosyncratic shocks to very large firms played a decisive role in shaping the export collapse. -- exports ; great …

Deutschland ist wie kein anderes Land auf den Export von Spitzenprodukten angewiesen, um Wohlstand und Beschäftigung zu …

argued that EMU is of greatest utility for Germany due to the countries' longstanding wage moderation and strong export … currency union on German exports. Thereby, it is assumed that a withdrawal of those countries from EMU would be accompanied by … currency union on German exports would be rather small. However, since European Monetary Union as a whole is still the most …